InterContinental Hotels Group Expands Footprint in South West Asia
The 202 room hotel marks the fifth IHG Hotel in Chennai and the first Holiday Inn in the city. Strategically located in Chennai’s IT hub (also known as Old Mahabalipuram Road, OMR), and only 20 minutes from Chennai International Airport, the hotel is the ideal choice for the contemporary business traveler. With Tidel Park just 10 minutes away, and IT companies such as Cognizant Tech Solutions, HCL Technologies and Cisco Systems located in close proximity, the hotel is well placed to cater to corporate and MICE travelers as well as leisure travelers exploring Chennai. The hotel has 5,000 sq ft of flexible meeting space and a wide range of food and beverage outlets.
The company also expressed that it is on track to having 150 hotels open or in our pipeline within the next 10-15 years. This growth will largely be driven by the Holiday Inn brand family with a distinct focus on Crowne Plaza and InterContinental Hotels and Resorts in key gateway cities.
Most recently, IHG has signed three Holiday Inn Express hotels in India with existing owners. This includes the Holiday Inn Express and Suites in the Delhi & NCR area, Holiday Inn Express and Suites Gurgaon Sector 90 with Crowne PropBuild Pvt. Ltd. who currently own Crowne Plaza Rohini as well as Holiday Inn Express Kolkata Airport with DS group who currently own Crowne Plaza Jaipur Tonk Road with IHG. All the three Holiday Inn Express hotels are set to open in the next 2 to 3 years.
Sudeep Jain, Vice President, Development, South West Asia, IHG said: “We are delighted to sign three new properties that expand our Holiday Inn brand family portfolio in India. Moreover, signing these properties with existing owners is indicative of IHG’s strength in building strategic partnerships and the growing recognition of the Holiday Inn Express brand in India. All three properties will draw synergies from IHG hotels located nearby and will reinforce our position in South West Asia. While IHG already has a strong and growing presence in India, we are looking at developing our portfolio further in Nepal, Sri Lanka, Bangladesh and Pakistan.”
Alan Watts, Chief Operating Officer, Asia Middle-East Africa, IHG added: “There are 36 hotels (6,927 rooms) in our current pipeline in India – totalling growth of more than 125% over the next three to five years. With this momentum, we continue to collaborate with existing and new strategic partners to bring the rights brands to the right locations in India.”
Alan further added, “While the Holiday brand family continues to be our growth engine in the country, we have also identified the need for more luxury and lifestyle brands in the region. There are an increasing number of both foreign and domestic travelers that are looking for extraordinary, authentic experiences while remaining true to a sense of reliability and familiarity that comes with an international hospitality company. This is why we have set out the ambition to introduce Kimpton® Hotels & Restaurants to this market over time, while we continue to bring our InterContinental Hotels and Resorts brands to more gateway cities in India.”
IHG currently operates 29 hotels across four brands in South West Asia: InterContinental, Crowne Plaza, Holiday Inn, and Holiday Inn Express, with a further 36 in the development pipeline due to open in the next three to five years*.
* Figures as at 31st December 2016
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Notes to Editors:
About Holiday Inn®
Started over 60 years ago and with more than 1,200 hotels worldwide today, the Holiday Inn® brand is the most widely recognised lodging brand in the world. During that time, it was the first hotel brand to launch a computerised reservation system in 1965, one of the first international hotel brandsto establish a presence in China in 1984 and the first to take an online booking in 1995.
The ‘Kids Eat & Stay Free’ programme available at every Holiday Inn® property, and KidSuites® rooms at every Holiday Inn Resort® hotel, demonstrates the long-standing commitment of the Holiday Inn® brand to serving family travellers, along with a comfortable atmosphere where everyone can sit back and relax.
For four consecutive years, the Holiday Inn® brand has been ranked “Highest in Guest Satisfaction Among Mid-scale Full Service Hotel Chains”, according to the J.D. Power and Associates North America Hotel Guest Satisfaction Index Study.
For more information about Holiday Inn® and Holiday Inn Resort® or to make a reservation, visit www.holidayinn.com. Find us on Twitter http://www.twitter.com/holidayinn or Facebook www.facebook.com/holidayinnhotels.
About Holiday Inn Express®
Holiday Inn Express® hotels are modern, select-service hotels for on-the-go travellers, an affordable alternative to full service hotels with the reliability and consistency of an international hotel brand.
Fresh and fuss-free, Holiday Inn Express® hotels are located in centre-of-the-action locations around the world, catering to the needs of both business and leisure travellers. Guests at Holiday Inn Express® hotels always enjoy a free hot Express Start® breakfast or Grab & Go option for those in a hurry, as well as free and fast Wi-Fi. There are currently more than 2,400 Holiday Inn Express® hotel locations around the globe.
For more information or to book a reservation, visit www.holidayinnexpress.com. Find Holiday Inn Express® hotels on Twitter https://twitter.com/HIExpress or Facebook http://www.facebook.com/holidayinnexpress.
About IHG® (InterContinental Hotels Group)
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN® Hotels, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®.
IHG franchises, leases, manages or owns nearly 5,200 hotels and more than 770,000 guest rooms in almost 100 countries, with nearly 1,500 hotels in its development pipeline. IHG also manages IHG® Rewards Club, the world’s first and largest hotel loyalty programme, with nearly 100 million members worldwide.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG’s hotels and corporate offices globally.
Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihg.com/media and follow us on social media at: www.twitter.com/ihg, www.facebook.com/ihg and www.youtube.com/ihgplc.